Kelt Historical Income Statement

KEL Stock

CAD 6.73 0.01 0.15%

Historical analysis of Kelt Exploration income statement accounts such as Total Revenue of 299.4 M can show how well Kelt Exploration performed in making a profits. Evaluating Kelt Exploration income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kelt Exploration's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Kelt Exploration latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kelt Exploration is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelt Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Kelt Income Statement Analysis

Kelt Exploration Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kelt Exploration shareholders. The income statement also shows Kelt investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kelt Exploration Income Statement Chart

At this time, Kelt Exploration's Income Tax Expense is very stable compared to the past year. As of the 2nd of December 2024, Net Income From Continuing Ops is likely to grow to about 90.3 M, while Depreciation And Amortization is likely to drop about 124.8 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Other Operating Expenses Total Other Income Expense Net

Total Revenue

Total revenue comprises all receipts Kelt Exploration generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kelt Exploration minus its cost of goods sold. It is profit before Kelt Exploration operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Kelt Exploration. It is also known as Kelt Exploration overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Kelt Exploration's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kelt Exploration current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kelt Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	42.3M	64.7M	18.2M	17.3M
Cost Of Revenue	194.9M	304.8M	294.9M	266.3M

Total Operating Expenses Cost Of Revenue

Kelt Exploration income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.68	0.72	0.63	-0.01	0.78	-0.1	-0.11	0.3	0.76	0.66	-0.13	-0.1	-0.14	-0.1	0.62	-0.14	0.32	0.19	0.02	0.09
Selling General Administrative	0.68		0.67	0.65	0.03	0.73	-0.11	-0.09	0.18	0.68	0.96	-0.12	-0.3	-0.12	-0.12	0.79	-0.12	0.22	-0.08	-0.22	0.26
Selling And Marketing Expenses	0.72	0.67		0.64	0.04	0.68	-0.03	-0.02	0.27	0.68	0.51	-0.03	-0.17	-0.04	-0.01	0.43	-0.04	0.28	0.19	0.13	0.12
Total Revenue	0.63	0.65	0.64		0.57	0.66	0.47	0.45	0.69	0.63	0.66	0.44	-0.03	0.43	0.45	0.27	0.43	0.75	0.63	0.45	-0.08
Gross Profit	-0.01	0.03	0.04	0.57		-0.22	0.99	0.98	0.94	-0.27	0.07	0.98	0.67	0.97	0.98	-0.36	0.97	0.91	0.54	0.6	-0.76
Other Operating Expenses	0.78	0.73	0.68	0.66	-0.22		-0.32	-0.34	-0.01	1.0	0.69	-0.36	-0.64	-0.37	-0.34	0.65	-0.36	0.09	0.31	0.01	0.6
Operating Income	-0.1	-0.11	-0.03	0.47	0.99	-0.32		0.99	0.91	-0.36	-0.06	0.99	0.71	0.99	0.99	-0.47	0.99	0.87	0.55	0.63	-0.79
Ebit	-0.11	-0.09	-0.02	0.45	0.98	-0.34	0.99		0.92	-0.38	-0.07	1.0	0.72	1.0	0.99	-0.47	1.0	0.87	0.51	0.64	-0.81
Ebitda	0.3	0.18	0.27	0.69	0.94	-0.01	0.91	0.92		-0.05	0.2	0.91	0.65	0.9	0.91	-0.2	0.9	0.97	0.57	0.63	-0.74
Cost Of Revenue	0.76	0.68	0.68	0.63	-0.27	1.0	-0.36	-0.38	-0.05		0.64	-0.39	-0.67	-0.4	-0.37	0.62	-0.4	0.05	0.32	0.03	0.63
Total Operating Expenses	0.66	0.96	0.51	0.66	0.07	0.69	-0.06	-0.07	0.2	0.64		-0.1	-0.27	-0.1	-0.09	0.76	-0.1	0.24	-0.07	-0.23	0.22
Income Before Tax	-0.13	-0.12	-0.03	0.44	0.98	-0.36	0.99	1.0	0.91	-0.39	-0.1		0.72	1.0	0.99	-0.5	1.0	0.87	0.51	0.66	-0.82
Total Other Income Expense Net	-0.1	-0.3	-0.17	-0.03	0.67	-0.64	0.71	0.72	0.65	-0.67	-0.27	0.72		0.71	0.74	-0.38	0.71	0.53	-0.02	0.2	-0.96
Net Income	-0.14	-0.12	-0.04	0.43	0.97	-0.37	0.99	1.0	0.9	-0.4	-0.1	1.0	0.71		0.99	-0.5	1.0	0.86	0.51	0.66	-0.82
Income Tax Expense	-0.1	-0.12	-0.01	0.45	0.98	-0.34	0.99	0.99	0.91	-0.37	-0.09	0.99	0.74	0.99		-0.48	0.99	0.86	0.51	0.62	-0.81
Interest Expense	0.62	0.79	0.43	0.27	-0.36	0.65	-0.47	-0.47	-0.2	0.62	0.76	-0.5	-0.38	-0.5	-0.48		-0.5	-0.14	-0.33	-0.6	0.48
Net Income From Continuing Ops	-0.14	-0.12	-0.04	0.43	0.97	-0.36	0.99	1.0	0.9	-0.4	-0.1	1.0	0.71	1.0	0.99	-0.5		0.86	0.51	0.66	-0.82
Tax Provision	0.32	0.22	0.28	0.75	0.91	0.09	0.87	0.87	0.97	0.05	0.24	0.87	0.53	0.86	0.86	-0.14	0.86		0.65	0.69	-0.63
Interest Income	0.19	-0.08	0.19	0.63	0.54	0.31	0.55	0.51	0.57	0.32	-0.07	0.51	-0.02	0.51	0.51	-0.33	0.51	0.65		0.81	-0.1
Net Interest Income	0.02	-0.22	0.13	0.45	0.6	0.01	0.63	0.64	0.63	0.03	-0.23	0.66	0.2	0.66	0.62	-0.6	0.66	0.69	0.81		-0.4
Reconciled Depreciation	0.09	0.26	0.12	-0.08	-0.76	0.6	-0.79	-0.81	-0.74	0.63	0.22	-0.82	-0.96	-0.82	-0.81	0.48	-0.82	-0.63	-0.1	-0.4

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Kelt Exploration Account Relationship Matchups

Kelt Exploration income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	159.4M	114.5M	93.3M	118.6M	125.8M	124.8M
Selling General Administrative	66.0M	45.6M	39.3M	47.8M	10.4M	9.9M
Total Revenue	394.4M	207.2M	316.8M	613.4M	436.4M	299.4M
Gross Profit	101.5M	(348.1M)	121.8M	308.6M	141.5M	148.6M
Other Operating Expenses	367.1M	606.0M	237.2M	369.5M	313.1M	311.5M
Operating Income	27.8M	(401.0M)	78.8M	244.0M	123.3M	129.4M
Ebit	29.2M	(397.0M)	136.1M	211.7M	115.8M	121.6M
Ebitda	188.6M	(282.5M)	229.4M	330.3M	241.6M	253.7M
Cost Of Revenue	292.8M	555.2M	194.9M	304.8M	294.9M	266.3M
Total Operating Expenses	74.3M	50.7M	42.3M	64.7M	18.2M	17.3M
Income Before Tax	9.4M	(413.1M)	135.7M	210.2M	114.5M	120.2M
Total Other Income Expense Net	(17.8M)	(350.8M)	(38.1M)	(33.7M)	(8.8M)	(9.2M)
Net Income	6.6M	(324.8M)	114.3M	158.8M	86.0M	90.3M
Income Tax Expense	2.8M	(88.3M)	21.4M	51.4M	28.5M	29.9M
Interest Expense	19.8M	15.4M	440K	1.5M	1.3M	1.2M
Net Income From Continuing Ops	6.6M	(324.8M)	114.3M	158.8M	86.0M	90.3M
Net Income Applicable To Common Shares	6.6M	(324.8M)	114.3M	158.8M	182.6M	191.7M
Tax Provision	2.8M	(88.3M)	21.4M	51.4M	28.5M	29.9M
Interest Income	5.5M	8.1M	13.6M	32.2M	37.0M	38.9M
Net Interest Income	(19.8M)	(16.1M)	(440K)	(1.5M)	(1.3M)	(1.4M)
Reconciled Depreciation	156.4M	449.1M	91.3M	116.2M	125.8M	140.5M

Pair Trading with Kelt Exploration

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Kelt Exploration position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kelt Exploration will appreciate offsetting losses from the drop in the long position's value.

Moving together with Kelt Stock

0.77	ENB-PFV	Enbridge Pref 5	Pair Corr
0.61	ENB-PFU	Enbridge Pref L	Pair Corr
0.69	ENS	E Split Corp	Pair Corr
0.74	ENS-PA	E Split Corp	Pair Corr

Moving against Kelt Stock

0.81	DII-B	Dorel Industries	Pair Corr
0.72	TC	Tucows Inc	Pair Corr
0.65	SLF-PH	Sun Lif Non	Pair Corr
0.54	SAGE	Sage Potash Corp	Pair Corr
0.54	AIM	Aimia Inc	Pair Corr

The ability to find closely correlated positions to Kelt Exploration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kelt Exploration when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kelt Exploration - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kelt Exploration to buy it.

The correlation of Kelt Exploration is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Kelt Exploration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kelt Exploration moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Kelt Exploration can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Kelt Stock

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Kelt Historical Income Statement

About Kelt Income Statement Analysis

Kelt Exploration Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Kelt Exploration income statement Correlations

Kelt Exploration Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Kelt Exploration income statement Accounts

Pair Trading with Kelt Exploration

Moving together with Kelt Stock

Moving against Kelt Stock

Other Information on Investing in Kelt Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Ebit
Net Income	+ 1.0	Ebit
Net Income From Continuing Ops	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 1.0	Income Before Tax

Reconciled Depreciation	- 0.96	Total Other Income Expense Net
Reconciled Depreciation	- 0.82	Net Income From Continuing Ops
Reconciled Depreciation	- 0.82	Net Income
Reconciled Depreciation	- 0.82	Income Before Tax
Reconciled Depreciation	- 0.81	Income Tax Expense
Reconciled Depreciation	- 0.81	Ebit